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    Property profile & analytics

    198 Main St Lewiston, ME 04240-7074

    • Office buildings
    • 19,215 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 14, 2022
    Location Intelligence
    Property ID
    US42-0779128
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Women's Heart Center At ME / Medical Clinic
    • Wgme / Television Station
    • Dr. Lynette J. Fahnestock, DO / Internist
    • St Mary's Integrative Medicine / Medical Office
    • NorDx / Medical Laboratory

    Property Details for 198 Main St

    Year built
    1937
    Lot size
    0.19 lot acres
    Property size
    19,215 SF
    Property type
    Office buildings
    APN
    LEWI M:207 L:166
    APU
    LEWIM207L166

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2179
    Latitude
    44.0995
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,641
    $111,780
    $942,930
    $1,054,710
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      185,466 SF

      140 Ml St

      OFFICE BUILDING • 185,466 SF
      140 Ml St, Lewiston, ME 04240-7774
      View Details
    • Value Estimation by Request
      34,047 SF

      5 Gendron Dr

      OFFICE BUILDING • 34,047 SF
      5 Gendron Dr, Lewiston, ME 04240-1048
      View Details
    • Value Estimation
      $290,000
      2,944 SF

      942 Main St

      OFFICE BUILDING • 2,944 SF
      942 Main St, Lewiston, ME 04240-5175
      View Details
    • Value Estimation
      $300,000
      7,360 SF

      185 Webster St

      OFFICE BUILDING • 7,360 SF
      185 Webster St, Lewiston, ME 04240-5500
      View Details
    • Value Estimation
      $500,000
      10,366 SF

      1 Atlantis Way

      OFFICE BUILDING • 10,366 SF
      1 Atlantis Way, Lewiston, ME 04240-1035
      View Details
    • Value Estimation
      $415,000
      17,600 SF

      124 Lisbon St

      OFFICE BUILDING • 17,600 SF
      124 Lisbon St, Lewiston, ME 04240-7106
      View Details

    Similar Nearby for Sale

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      Updated Building Ideal for Professional Services

      Versatile, updated building suitable for office, studio, or medical services.
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    • $695,000
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      Lewiston Downtown Investment Opportunity

      Downtown Lewiston office building with steady cash flow.
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    • $3,600,000
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      Lewiston Office Building For Sale

      60,120± SF office building on 5.97± AC available.
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    • $695,000
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      Downtown Lewiston Commercial Property For Sale

      Prime commercial property in Lewiston's vibrant downtown district.
      177-183 Main St, Lewiston, ME 04240
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    • $495,000
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      Downtown Lewiston Historic Office Building

      Historic office/retail building in Downtown Lewiston with parking.
      195 Main St, Lewiston, ME 04240
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    • $975,000
      34,559 SF

      Two-Building Commercial/Office Property For Sale

      Two-story commercial/office property totaling 34,559± SF on 0.75± acres.
      30 Lisbon St, Lewiston, ME 04240
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    Similar Nearby for Lease

    • $17 SF/Yr
      36,600 SF

      Lewiston Medical Office Space For Lease

      Class A Medical Office Suites Available
      77 Bates St, Lewiston, ME 04240
      View Details
    • $12 SF/Yr
      13,486 SF

      Lewiston Office Space For Lease

      13,486 SF office space available in Lewiston, Maine.
      24 Mollison Way, Lewiston, ME 04240
      View Details
    • $12 SF/Yr
      2,500 SF

      Lewiston Retail or Office Space

      Retail or office space available for lease in Lewiston.
      9 Westminster St, Lewiston, ME 04240
      View Details
    • $15 SF/Yr
      4,257 SF

      Renovated Office/Retail Space Available

      Newly renovated office/retail space with modern finishes and historical details.
      197 Lisbon St, Lewiston, ME 04240
      View Details
    • $7 SF/Yr
      24,255 SF

      Prime Androscoggin County Warehouse

      Versatile warehouse, office space, ample parking.
      20 Highland Spring Rd, Lewiston, ME 04240
      View Details
    • $20 SF/Yr
      1,818 SF

      Retail/Office Space on Lisbon Street

      Prime retail or office space in a high-traffic location.
      810 Lisbon St, Lewiston, ME 04240
      View Details
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    198 Main St
    Lewiston, ME 04240-7074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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